Pakistan’s gold market witnessed a sharp increase in gold prices, with the price of gold per tola reaching 4 lakh 72 thousand 62 rupees. According to the All Pakistan Sarafa Jewellers Association, the price of gold per tola has increased by 4,800 rupees, while the price of 10 grams of gold has increased by 4,116 rupees, reaching 4 lakh 4 thousand 717 rupees. The global market saw a decline of 10 dollars in gold prices, bringing the price to 4,445 dollars per ounce. On the other hand, the global market saw a rise of 48 dollars in gold prices, bringing the price to 4,493 dollars per ounce. It is worth noting that the price of gold decreased by 1,000 rupees yesterday.
The price of petrol was also revised, with the new price of petrol being 433 rupees 40 paise per liter. The government has issued a notification in this regard. Following a directive from Prime Minister Shehbaz Sharif, the scope of the RoShan Digital Account has been expanded. The Karachi Port has become a focal point for shipping due to the crisis in the Middle East. The Karachi Port has handled more containers in just 24 days this month than the entire last year.
The global market saw a decline of 10 dollars in gold prices, bringing the price to 4,445 dollars per ounce. The 100 Index closed at 1 lakh 52 thousand 907 points at the end of the business day yesterday. A federal arts commission has given its final approval for the design of a 24-carat gold commemorative coin featuring Trump’s image in the early days of this month. Convener LPG Committee Ali Haider said that marketing companies and distributors are also included in increasing prices.
The prices of gold in Pakistan’s gold markets have increased, and then decreased, after experts believe that the tension in the Middle East and the situation in the Strait of Hormuz are directly affecting the global energy market. Non-resident Pakistanis, as well as foreign legal entities, will be able to open these accounts. President of All Pakistan Small Traders and Cottage Industries Mahmood Hamid said that the price of petrol should not be increased. The Ministry of Finance has taken a crucial step to protect the public from the impact of the increase in prices of petroleum products.
The Chinese shipping company Cosco has resumed new bookings with some Gulf countries after a three-week hiatus. The global market saw a rise of 152 dollars in gold prices, bringing the price to 4,565 dollars per ounce. The foreign ministers of Saudi Arabia, Turkey, and Egypt have concluded an important consultative meeting held under the Pakistan’s chairmanship. The government has started considering bringing back 20 billion dollars from Middle East and Europe.
The Saudi Foreign Minister, Prince Faisal bin Farhan, has reached the Prime Minister’s House for a meeting with the Prime Minister. Ali Sher Afzal said that now such a person is being appointed as the Chief Minister who cannot run a primary school. The current Chief Minister of Khyber Pakhtunkhwa has not been able to form his cabinet in 6 months.
The Iranian Revolutionary Guard has announced the targeting of 2 American or Israeli universities in the region. The police spokesman said that action will be taken against those driving cars without a driving license.
